Ivanhoe Mines Stock Holdings Turnover
| IVN Stock | CAD 18.85 0.22 1.18% |
Ivanhoe Mines fundamentals help investors to digest information that contributes to Ivanhoe Mines' financial success or failures. It also enables traders to predict the movement of Ivanhoe Stock. The fundamental analysis module provides a way to measure Ivanhoe Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ivanhoe Mines stock.
Ivanhoe | Holdings Turnover |
Ivanhoe Mines Company Holdings Turnover Analysis
Ivanhoe Mines' Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Ivanhoe Holdings Turnover Driver Correlations
Understanding the fundamental principles of building solid financial models for Ivanhoe Mines is extremely important. It helps to project a fair market value of Ivanhoe Stock properly, considering its historical fundamentals such as Holdings Turnover. Since Ivanhoe Mines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ivanhoe Mines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ivanhoe Mines' interrelated accounts and indicators.
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Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
| Competition |
Ivanhoe Inventory Turnover
Inventory Turnover |
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According to the company disclosure, Ivanhoe Mines has a Holdings Turnover of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Ivanhoe Mines Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ivanhoe Mines from analyzing Ivanhoe Mines' financial statements. These drivers represent accounts that assess Ivanhoe Mines' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ivanhoe Mines' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.5B | 6.5B | 9.9B | 9.6B | 11.9B | 12.5B | |
| Enterprise Value | 2.9B | 6.3B | 9.7B | 9.5B | 12.0B | 12.6B |
Ivanhoe Fundamentals
| Return On Equity | 0.0332 | ||||
| Return On Asset | -0.0147 | ||||
| Current Valuation | 25.11 B | ||||
| Shares Outstanding | 1.35 B | ||||
| Shares Owned By Insiders | 44.95 % | ||||
| Shares Owned By Institutions | 36.00 % | ||||
| Number Of Shares Shorted | 7.15 M | ||||
| Price To Earning | 321.88 X | ||||
| Price To Book | 3.65 X | ||||
| EBITDA | (90.44 M) | ||||
| Net Income | 295.29 M | ||||
| Cash And Equivalents | 597.45 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 647.42 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 25.97 X | ||||
| Book Value Per Share | 3.64 X | ||||
| Cash Flow From Operations | (31.57 M) | ||||
| Short Ratio | 4.59 X | ||||
| Earnings Per Share | 0.17 X | ||||
| Target Price | 17.68 | ||||
| Beta | 1.93 | ||||
| Market Capitalization | 25.46 B | ||||
| Total Asset | 5 B | ||||
| Retained Earnings | 819.25 M | ||||
| Working Capital | 451.05 M | ||||
| Current Asset | 439.04 M | ||||
| Current Liabilities | 15.65 M | ||||
| Net Asset | 5 B |
About Ivanhoe Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ivanhoe Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ivanhoe Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ivanhoe Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ivanhoe Mines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ivanhoe Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ivanhoe Mines will appreciate offsetting losses from the drop in the long position's value.Moving together with Ivanhoe Stock
The ability to find closely correlated positions to Ivanhoe Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ivanhoe Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ivanhoe Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ivanhoe Mines to buy it.
The correlation of Ivanhoe Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ivanhoe Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ivanhoe Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ivanhoe Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ivanhoe Stock
Ivanhoe Mines financial ratios help investors to determine whether Ivanhoe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ivanhoe with respect to the benefits of owning Ivanhoe Mines security.